We are being LLP entered into agreement with investor that if they invest say Rs 100 they will get Rs 300 in the next year.
Can we claim Rs 200 as an interest Exp? We have the ability to convert Rs 100 into Rs 500.
Rohan Mainkar (Manager) (60 Points)
21 January 2019We are being LLP entered into agreement with investor that if they invest say Rs 100 they will get Rs 300 in the next year.
Can we claim Rs 200 as an interest Exp? We have the ability to convert Rs 100 into Rs 500.
PUSHP KUMAR SAHU
(CA FINAL ASPIRANT)
(3115 Points)
Replied 21 January 2019
Rohan Mainkar
(Manager)
(60 Points)
Replied 21 January 2019
We are in the Agriculture and Aqua Culture
Sir Iyerji
(Online marketing)
(61 Points)
Replied 21 January 2019
https://www.firstpost.com/business/emu-and-the-never-ending-story-of-south-indian-ponzi-schemes-410614.H T M L
CAclubindia
